NYS, San Francisco, Arizona, Virginia, Texas, Fresno County disclose nearly USD 1.3bn private credit commitments

Oaktree Closes on USD 16bn for distressed debt strategy
Oaktree Opportunities Fund XII just edges out its predecessor fund, which closed in 2021 with USD 15.9bn in commitments  

Private credit firms raise funds beyond flagships
Private credit firms are raising eye-watering amounts to lend to companies — but they are increasingly doing so outside their flagship funds in order to attract institutional investors.

Credit funds at a glance - January 2025
Fund performance, recent hires, recent fundraising

Largest CLO ETF in market balloons to USD 20bn in assets
After record inflows in 2024, January Henderson's triple-A ETF in January saw the fund add an addition USD 3bn in assets  

Balbec raises USD 1.7bn for global ABL fund
Alternative investment manager Balbec has closed on its 6^th flagship fund that has already called 51% of commitments

Trinity Capital eyes launching European debt fund
Private credit manager and BDC Trinity Capital is mulling a dedicated European fund

GP-led deals to reach 50% of credit secondaries volume in 2025: Jefferies
Private credit secondaries volume will be increasingly driven by GP-led transactions this year, said Jefferies in a report

Francisco Partners closes USD 3.3bn opportunistic credit
Francisco Partners has raised an opportunistic credit fund that exceeded its 2.3bn target

Global Private Credit AUM to reach USD 3trn by 2028 - Moody’s
Global private credit AUM is poised to hit USD 3trn by 2028, Moody's predicts, with momentum expected to grow over the next three years

Connecticut pensions earmark USD 1.85bn for private credit in 2025
The Connecticut Retirement Plans and Trust Funds, a combination of six state pension funds and 12 state trust funds, plans to increase private credit allocation this year

Janus Henderson’s triple-A CLO ETF sees USD 1.67bn in inflows since start of 2025
Janus Henderson’s AAA CLO ETF has recieved USD 1.67bn in inflows in January to total USD 18.26bn in AUM

Corinthia Global Management secures USD 5bn in capital commitments
Corinthia Global Management has raised about USD 5bn for its first direct-lending fund and expects to fund deals by March at the latest

Thoma Bravo raises USD 3.6bn for tech and software credit fund
Thoma Bravo has raised USD 3.6bn for its latest software and technology focused credit fund, the firm’s largest credit pool of capital ever

Mega direct lenders break records despite sluggish fundraising cycle
The new year kicked off with Ares Management showcasing the largest ever fundraise for a European direct lending strategy, suggesting that investors are preferring to pile into the largest private credit managers

Colbeck closes USD 700m fund for unsponsored direct lending
Colbeck Capital Management has raised USD 700m to invest in senior secured loans to unsponsored, middle market companies

BMO strikes partnership with firm founded by ex-CBAM’s Young and Damaso
BMO and Canal Road Group have struck a direct lending partnership that includes BMO taking a minority stake in the asset management company and investing up to USD 1bn 

AllianzGI raises EUR 1.5bn for credit secondaries
Allianz Global Investors has held a EUR 1.5bn final close for its global private debt secondaries fund, surpassing its EUR 500m target

Blue Owl raises more than USD 2bn for evergreen direct lending strategy
Blue Owl has raised more than USD 2bn for its sophomore direct lending fund that focuses on senior, first-lien loans

Sixth Street to invest USD 13bn for Northwestern Mutual
Sixth Street and Northwestern Mutual have struck a deal that gives Sixth Street USD 13bn of the insurer’s assets to invest across its private capital strategies

Princely Family of Liechtenstein’s LGT raises USD 2.17bn for latest credit fund
Royal family-owned LGT Capital Partners has successfully fundraised USD 2.17bn for its evergreen credit fund, according to an SEC filing  

Blue Owl delays fundraising launch of opportunistic credit fund
Blue Owl has put fundraising for its upcoming opportunistic credit fund on pause as it evaluates the market opportunity, according to sources familiar with the matter. 

Napier Park launches and successfully fundraises for captive CLO equity fund
Napier Park has launched its first global CLO captive equity fund and has already raised a sizeable amount

Private credit managers try to get creative in lacklustre fundraising environment
Facing a less-than-ideal fundraising environment, private credit managers are having to pull various levers to secure equity commitments for their latest funds.

MidOcean Partners’ surpasses USD 300m target for captive equity fund
MidOcean Partners has announced the final close of its first captive equity fund, raising USD 304m of capital commitments for MidOcean CLO Equity Fund I